During the last session, Satellogic Inc (NASDAQ:SATL)’s traded shares were 0.61 million, with the beta value of the company hitting 1.54. At the end of the trading day, the stock’s price was $3.75, reflecting an intraday loss of -10.71% or -$0.45. The 52-week high for the SATL share is $5.49, that puts it down -46.4 from that peak though still a striking 80.8% gain since the share price plummeted to a 52-week low of $0.72. The company’s market capitalization is $363.96M, and the average intraday trading volume over the past 10 days was 0.73 million shares, and the average trade volume was 837.09K shares over the past three months.
Satellogic Inc (NASDAQ:SATL) trade information
Satellogic Inc (SATL) registered a -10.71% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -10.71% in intraday trading to $3.75, hitting a weekly high. The stock’s 5-day price performance is -1.06%, and it has moved by 32.04% in 30 days. Based on these gigs, the overall price performance for the year is 123.21%. The short interest in Satellogic Inc (NASDAQ:SATL) is 0.89 million shares and it means that shorts have 1.06 day(s) to cover.
The consensus price target of analysts on Wall Street is $5, which implies an increase of 25.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5 and $5 respectively. As a result, SATL is trading at a discount of -33.33% off the target high and -33.33% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 51.72%.
SATL Dividends
Satellogic Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Satellogic Inc (NASDAQ:SATL)’s Major holders
Satellogic Inc insiders own 25.75% of total outstanding shares while institutional holders control 41.40%, with the float percentage being 55.75%. CANTOR FITZGERALD, L. P. is the largest shareholder of the company, while 27.0 institutions own stock in it. As of 2024-06-30, the company held over 13.38 million shares (or 14.944% of all shares), a total value of $12.0 million in shares.
The next largest institutional holding, with 2.58 million shares, is of SOFTBANK GROUP CORP.’s that is approximately 2.8844% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $2.69 million.
Data provided on Dec 31, 2024 indicates that Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund owns about 49.37 shares. This amounts to just over 0.06 percent of the company’s overall shares, with a $0.19 million market value.
